May
29

Spanish savings banks mull merger

Three Spanish savings banks, Ibercaja, Liberbank and Caja3, are considering a merger to strengthen balance sheets in response to the country's debt crisis.

May
29

Facebook shares fall to new low

Facebook shares fall to a new low below $30, less than two weeks after its high-profile flotation, as Russia's biggest social network cancels its planned share sale.

May
28

Spain situation ‘very difficult’

Spain's funding situation is "very difficult", Prime Minister Rajoy says, as investors worry about the outlook for the country's finances.

May
28

Asia’s wealthy fuel museum boom

Asia's wealthy initiate museum boom

May
28

Greek banks receive 18bn euros

Four Greek banks receive 18bn euros (£14.4bn, $22.6bn) as part of the nation's last international bailout.

May
28

Barclays hits back on tax schemes

Barclays criticises the government for saying it had been using schemes that were intended to avoid substantial amounts of tax.

May
28

Jobs at risk as refinery to close

Administrators announce the closure of an oil refinery in Essex after efforts to save it fail, putting hundreds of jobs at risk.

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